AVAX Trades at $18.90 With Double Bottom Pattern Near $18.50
Key Points
- Avalanche (AVAX) is showing a promising double bottom patter...
When your favorite cryptocurrency sits at $18.90 while processing 18 million transactions in a single day, you know something interesting is brewing. Avalanche (AVAX) has been doing exactly that, creating what analysts call a textbook double bottom pattern around the $18.50 level - and yes, that's as encouraging as it sounds.
Think of a double bottom like testing the waters twice before deciding it's safe to dive in. AVAX has bounced off this $18.50 support level multiple times, and according to Kyle Willson's analysis, this could be setting up a launch pad toward the $26-$27 range if the pri...
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